This property is Off-Market

190 Harlan Street
Crittenden, KY 41030 ·

90 Units · Multifamily For Sale

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Dalton Place

Price N/A Cap Rate 7.69%
No. Units 90 Gross Rent Multiplier 9.44
Building Size 107,000 SF Occupancy 93%
Property Type Multifamily Year Built 1999
Property Sub-type Garden/Low-Rise Lot Size 10 AC
Property Use Type Investment
Listing ID: 15431212 Date Created: 11/08/2007 Last Updated: 08/06/2008

Description

Dalton Place is a multi-family complex consisting of 2,4 and 6 units buildings.Each unit has seperately metered utilities. The quality of construction and maintenance must be seen to be appreciated. This investment property is operated and sold as an apartment community, but the 22 buildings could be sold seperatley since they each have their own deed. The complex consists of (5) duplexes, (11) 4 unit, and (6) 6 unit buildings.

Crittenden, KY is home to more that 26,000 citizens and a population that has grown 58% since 1990. It's a bedroom community serving the Northern Kentucky and Cincinnati CBD's. Grant County is the ninth fastest growing county in the Commonwealth. Located on I-75, one of the nations busiest highways. Situated between two major economic engines-- Lexington and Northern Kentucky (Boone, Campbell and Kenton Counties). Less than a 30 minute drive from the CVG International Airport. Location offers quick access to nationally ranked urban city services, entertainment, professional sports and arts, both in Cincinnati and in Lexington. Grant County offers a comfortable community atmosphere, where people are friendly and family is important. The Community takes great pride in community heritage, which includes a farming economy, beautiful churches, safe schools and caring, involved people. Grant County still has available land, affordable utilities and a clean environment.

Highlights

  • This is your "Flight to Quality" property
  • Separately Metered Utilities
  • Finance 2 and 4 units at higher LTV loans
  • Management will stay after the sale
  • Buildings are deeded seperately.

Research

190 Harlan Street, Crittenden, KY 41030 (Grant County)

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